At the Multi Commodity Exchange, March silver fell by Rs 353, or 0.68%, to Rs 51,845 per kg in 7,839 lots.
The May contract declined by Rs 357, or 0.67%, to Rs 52,607 per kg in 327 lots.
Market analysts said a weak trend in global markets on concerns that Europe's debt crisis may escalate drove the euro lower against the dollar, reducing demand for the metal as a safe haven investment.
Meanwhile, silver fell by 0.4% to $28.66 an ounce in Singapore.
Content Guide
Silver futures moved down by 0.68% to Rs 51,492 per kg today amid weak cues from global markets.
